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PCP Settelment - What affect of credit rating
Hi all
I have recently changed my car (mid June). Original car was on a 48mth PCP and I changed car at approx 36 months. Origianal PCP was settled and I commenced a new 48 month PCP for my new car.
Long story short there is an onging issue with the new car therefore the dealer has offered me a 'New car' as a goodwill gesture however this will mean signing up to a new PCP agreeement and current PCP will be settled.
Should I be concerned about anything.
What will this look like on my credit file given I have literally just settled one agreement and taken out a new one for that one to then be settled a new one taken out?
Cheers
I have recently changed my car (mid June). Original car was on a 48mth PCP and I changed car at approx 36 months. Origianal PCP was settled and I commenced a new 48 month PCP for my new car.
Long story short there is an onging issue with the new car therefore the dealer has offered me a 'New car' as a goodwill gesture however this will mean signing up to a new PCP agreeement and current PCP will be settled.
Should I be concerned about anything.
What will this look like on my credit file given I have literally just settled one agreement and taken out a new one for that one to then be settled a new one taken out?
Cheers
0
Comments
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There should be no noticeable impact other than for the new agreement there will be an additional credit search but a single search will have a minimal impact (if any).0
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Cheers for this, my mind has been put at ease.0
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